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cisco and ebay, they show women are underrepresented especially in rolls. some say -- roles, and women are graduating in fewer technical degrees. they show how difficult it is to gain information with tech companies because they refuse to give up their equality opportunity -- equal opportunity data. back out here live here in downtown san jose, as traffic picks up we plan on asking people what they think of this new study. in san jose, janine de la vega, ktvu channel 2 morning news. >> the official process will be held tomorrow. >> but yesterday, people gathered to hear what he had to say and he had some off the can you have remarks -- off the cuff remarks instead of reading from a prepared speech. vice-president vice-president joseph biden will be heading up the u.s. delegation for pope frances and nancy pelosi is working there along with bay area congresswoman anna. later they will meet with many in italy. and the political action conference, it's just about a half our from now and the political chairman intends to rebrand itself a peeli
. >> will be the home port for the grand princess over the next 15 months ringing 100,000 passengers to save and cisco. some passengers about the city with a little unprepared for the first time the crowd. >> are you seeing in san francisco? >> if i ever get to my hotel. >> that pedicabs porters and drivers. big crowd to mean that money. it is good business. they hope it will be good business for the entire city. they estimate of the cruise line passengers will spend more than $1 million here over the next 15 months. st. patrick's day is of course tomorrow but safe and cisco celebrated at one day early. the 162nd annual st. patrick's day parade steps off from second and market street at 11:30 a.m. this morning. schools, cultural groups and bands were a part of the parade. then there was a festival held in the plaza. we had lots of pictures from today's big st. patrick's day celebration including those from around the world and you can find them on the images page at our home page. >>> the bay area law enforcement are reminding people not to drink and drive this weekend. our camera caught the aftermath
and that's cisco. i'd rather have this company than almost any other tech firm, including texas instruments, cisco is the back bone of. internet and teleco industry. when cisco hits a new high, it means businesses all over the world are redoing their infrastructure. it's a seen that information technology spending at the enterprise is now flowing big and nothing could be more bull, for all of tech, a much deserving admiral indeed. cisco, it's no longer crisco. the cisco kid is once given a friend of mine. lots of people are still skeptical of this market. you ever hear those people? me? this leadership tells me this market can withstand that 5% decline everyone is waiting for and bounce back with a vengeance. you don't need to sell. there will be battles lost and retreats to lick our wounds on the way to triumph in the war against the bears. the bottom line -- it's look grant, ridgeway, perjing, ike and we should follow them into the heat of battle knowing they represent the best of what america has to offer. i'd like to go to elizabeth in florida. >> gary: i'm calling about aeae aeroenviro
to work. cisco. tomorrow starts here. >>> we've got more excitement four. ncaa tournament talk. owe state won its game on a last-second three-point shot. ironically it beat iowa state, the team that led the nation in three-pointers. the buckeyes now head to weet sweet 16 for the fourth straight year. tonight kansas the top seeded team in the north regional and north carolina just tipped of off. duke plays creighton. >>> for a star on the syracuse university basketball team, the tournament suddenly took a back seat. michael carter williams' family moment in massachusetts caught fire. the flames apparently spread from a wood stove. as far as we understand, no reports of injuries. >>> so many of us are preoccupied with the ncaa tournament but it can put the internet under a lot of stress and that can affect your workout put. here's dan simon. >> reporter: this is kip compton. >> it is really about planning and network design. he he's got an engineering degree from m.i.t. and is a high level executive at cisco. he knows what it takes to compete computer networks up and running especially when
the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> vice president joe biden teams up with new york mayor michael bloomberg to push for new gun control laws. they held a news conference a couple hours ago along with some parents of children killed in the newtown school massacre. the vice president talked about the connecticut shootings in making the case for tougher gun laws. >> this is not a constitutional notice, when the ban was in place last year there was no constitutional challenge that went anywhere in existence to the ban. let's get this straight, this is not about anybody's constitutional right to own a weapon. for all those who say we shouldn't and can't ban assault weapons, for all those who say the politics is too hard, how can they say that? when you take a look at those 20 beautiful babies and what happened to them. >> the fierce debate over gun rights and gun control is playing out across the country. and in some very unexpected ways. a new jersey man says social workers and police showed up at his house after he posted this picture on
by yorele cal. i was on the call last night. the cisco downgrade today. this dichotomy is allowing i think bernanke to not have to taper off. at the same time it calls into question how weak is that international market. seems very weak. >> did we get largely what we wanted from the fed yesterday? there were no big surprises within that. >> no. i think that was the point to not have any big surprises. i think there was a poignant moment yesterday that i think wasn't talked about enough where someone asked imputedly, i felt, because ben bernanke deserves better -- do you know anybody that's unemployed? do you note price of a gallon of milk? he came back, yes, i have a relative on unemployment. he's going to get unemployment down then we'll talk about tapering. until then we are playing a parlor game with the fed. i believe bernanke when he says these things. >> there's no reason to believe the fed is going to start pulling back any time soon. >> no. >> we need to see sustained improvement in the employment picture. then the tapering, who knows what that could be. it is not just turning the
, yo. >> caller: tommy from lafayette, new jersey. does cisco deserve the hit it got today? >> stephanie link, co-director of action alerts with me, we were in a tizzy this morning. we believe the long-term picture for cisco is so good. we know it caught a downgrade today, but the long term is so good, own for the charitable trust. i like that ratio. cisco is terrific. and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round sponsored by td ameritrade. >>> what are you supposed to make of the markets ups and downs? what's going to happen tomorrow, next week or next month? this market is full of pitfalls. you've got to try to avoid them. the key to surviving an unpredictable market, don't have all your eggs in one basket. that's why i play "am i diversified." call or tweet me @jimcramer. tell me your top five holdings. maybe you need to mix it up a little. let's start with a tweet from @dereklwilson who says, thanks for the education. thanks for the laughs. hash tag mad money. harlem shake, too. we did a good one. didn't get enough vie
like oracle, like cisco, for instance, start to similarly trail off. i think it is a sign that the global economy is weak, and companies, while they are very profitable, they are not reinvesting those profits into capex spending, whether it be in technology or elsewhere. so i think it's troubling for technology as a whole. >> wait a minute, are you guys agreeing with each other? >> i actually agree -- >> is that allowed? >> i agree with everything that steve just said, which is the first time it's happened on this show. and to steve's point, there's definitely a lot of corporate earnings that we're going to get in the next two months that are crucial, i think, not just for the tech sector specifically, but for the market as a whole. i think if you see more reports like this, that all-time high on the s&p might be stop resistance. >> very quickly, steve, what would get you to buy this stock? a price below this at some time or what? >> they also mention the dollar is a headwind, if the dollar were to turn around and get weak, i would be more interested in buying this kind of
away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, the repairs are guaranteed for life. so call... to talk with an insurance expert about everything that comes standard with our base auto policy. and if you switch, you could save up to $423. liberty mutual insurance -- responsibility. what's your policy? >>> it is >>> it is time, it is time for the lightning round. when somebody calls and i tell them to buy, buy, buy or sell, sell, sell, then you hear this and it's over. are yo
of cisco. cisco is very much a diehard supporter of same-sex marriage. because they have very strong lgbt communities inside their workplaces. >> just real quickly, how much of an impact do these types of briefs have in supreme court cases? >> you may be better than i am. i think -- i think it's debatable. the guy who drew up the prop 8 amicus brief said he thought that the wave of business support in these amicus briefs might actually be persuasive to the court. >> i think the arguments they make about hr and law and tax, that would speak more to the supreme court than emotional arguments about how they feel when they have to tell someone they can't not discriminate. >> this isn't just liberal california. this is businesses. this is goldman sachs. >> and the court is taking this up on march 26th. 26th and 27th. and so we will watch and see. >>> well, all right. time now for something we haven't seen much of in a while. news that bay area home prices are nudging upwards. yes, you heard right. upwards. carolyn, is this a sign of a rebound in real estate? >> it is indeed. basically what we
perform to underperform. the analyst predicts a decline in routers, and cisco could be challenged to transition to a software and service business model. cisco lost almost 4%, closing at $20.84. >>> and oracle was the biggest nasdaq loser. investors reacted to the warning we told you about last night that oracle's hardware revenue would shrink. the company also said on its earnings called today that its sales staff didn't do a good job on selling on the software side. oracle shares have fell on heavy volume, closing at 32.30, down more than 9.5%. >>> and salesforce.com, on oracle competitor in cloud computing and customer relationship services announced a four for one stock split after the close today. you don't see that very often. sales force was up on the day, ending at $172.73. before it spiked after hours on the news of that split. >>> and air gas, a company that makes industrial gases that other manufacturers use in their processes warned it may fall short in the current quarter because sales fell in february in a key division and didn't recover in march. air gas down over 5
're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. thto fight chronic. osteoarthritis pain. cisco. to fight chronic low back pain. to take action. to take the next step. today, you will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta, call right away if you have h
on the dow since the melt down which is shown by the dip on the left of the stock chart, cisco has moved up and intel moved up more, and chevron saw their stock double. now, the one local dow component that lost ground is hewlett-packard that had its own problems but to be fair, even hp is up 40% on the year. what it comes down to is the dow and the stock market seem to like budget cuts. jessica? >> thank you very much. scott. it's not exactly a life sentence but st. mary's, the squad will have to live with the severe punishment. we are in the comcast sportsnet studio on more on how the long punishment lasts and what the gaels did no deserve the punishment? >> the saint mary's program hit with ncaa violation rules. stemming from improper conduct. that had recruiting violations. there's no major postseason ban for the gaels. that is the good news. bad news, four years probation from now. a 5-conference game suspension and bennett cannot recruit off campus for a year. reduction of scholarships from 13 to 11 through 2016. those are some of the penalties and here is the reaction from the head c
the index are bailed out aig, citi and gm. in are cisco systems, travellers and united health. a different dow for a different time. be sure not every stock is up. hewlett-packard alone in the dow components lost money off 22%. let's say you had perfect timing and you put $1,000 into the following dow companies when the bull started run back in march of '09. in caterpillar which is up 286% you would be looking at $28,060 today. home depot, 2910. and american express up 513% you would have a stash worth more than $500. might we all be so lucky. with the dow up 9% this year even after it gained all of last year when the dow surges so smartly investors naturally want to know where the heck are we. near the beginning, middle or end of a bull market? bob pisani now with a history lesson on how the markets reacted following previous record high closings. >> reporter: so we finally made it, historic highs on the dow industrials. but now what? stock bulls are saying that this could be the start of a sustainable bull market that could last for several years. their main arguments first the fed is ba
. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. it shows. we don't run like that. we build john deere equipment the way we always have: the right way. times change. our principles don't. you don't just have our word on it. you've got our name on it. that's how we run. nothing runs like a deere. discover the full line of riding lawn equipment at johndeere.com/howwerun or your local dealer. >>> last week this story got my attention, i think in part because i have kids. two mom launched an online petition calling on kraft to remove two ingredients from the popular mac & cheese. a few hundred thousand people signed on to this campaign. >> we found out kraft is using two ingredients in the u.s. version of mac & cheese, yellow number 5 and 6. but they are not using it overseas. >> yellow number 5 and 6 are artificial colors. they are fda approved but some critics say they are not benign. >> food dyes trigger hyper activity, inattention, temper tantrums, those behavior changes in some subset of children. even the food and drug administration now agrees with that. >> we d
at seven cisco. thank you to the chief of police, the chief of probation, carmen chu, and we appreciate everyone being here including the district attorney's office for being part of this cause. thank you. (applause) so are you going out tonight? i can't. my parents say i have to be home right after work. ugh. that's so gay. totally gay. ugh. that is so emma and julia. why are you saying, "that's so emma and julia"?
you to attend so we understand this issue in hybrids at seven cisco. thank you to the chief of police, the chief of probation, carmen chu, and we appreciate everyone being here including the district attorney's office for being part of this cause. thank you. (applause) >> i'm your host of "culturewire," and today, here at electric works in san francisco. nice to see you today. thanks for inviting us in and showing us your amazing facility today. >> my pleasure. >> how long has electric works been around? >> electric works has been in san francisco since the beginning of 2007. we moved here from brisbane from our old innovation. we do printmaking, gallery shows, and we have a fabulous retail store where there are lots of fun things to find. >> we will look at all of that as we walk around. it is incredible to me how many different things you do. how is it you identify that san francisco was in need of all these different services? >> it came from stepping out of graduate school in 1972. i wrote a little thing about how this is an idea, how our world should work. it should have printmak
. apple can't sell more iphones by spending more money. it needs to avoid making acquisitions, cisco bought the flip camera business and it was a disaster because the company was under pressure to spend the money. the fact of sitting on the money is how well they are doing. >> i would say this is a big debate in corporate america. imelt addressed it in a world that you have to worry about terrorism you need to keep a lot of cash on hand. >> neil: sit good or bad sign to you? >> it's not good. tax reform would help, but i assure you apple is not afraid of repay tree eighting cash. that is not the issue for -- ever since he wrote that book. don't step on my parade. [ laughter ] >> up next, do you think it's too late to get in all that green in the parking ticket ma snshgt think again. stocks that charles and adam are buying with their own money on the line. they say you should, too. what's droid-smart ? with google now, it automatically knows when you need to leave for the airport, how much traffic there is, and can have your boarding pass ready. the droid razr maxx hd by motorola. dro
, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. something this delicious could only come from nature. discover nectresse™. the 100%-natural no-calorie sweetener made from the goodness of fruit. nectresse™. sweetness naturally. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> 20 minutes after the hour. time to check the top story. another massachusetts drug come pounding company is pulling injectable drugs off the market. pallimed pharmacy says foreign materials found in vials of a dozen products. they
. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> we are halfway to college basketball's final four. my brackets are completely kaput. syracuse became the first team to punch its ticket to atlanta tonight. the orangemen beat marquette 55-39, and you saw the president there, right. next weekend, they'll play. and the wichita shockers beat ohio state 70-66 tonight to advance. it's wichita's first trip to the final four since 1965. they'll play the winner of tomorrow's louisville/duke game. >>> a major university demanding that students stop handing out condoms on campus. boston college says condom giveaways violate the school's catholic mission. a student group is praning to defy the school's order and keep distributing the condoms. our medical correspondent is elizabeth cohen, and she has this story from newton, massachusetts. >> reporter: catholic doctrine doesn't support using condoms. but some students disagree. crosses here don't go well with condoms. >> male condoms and female condoms. >> this student has organized a condom distribution on street corners
national sport, it's called can kicking and looks like we're going to do it again. back to nicole, cisco, another big name stock and it's down sharply. what's going on there? >> all right, i'm laughing at your joke about the new national sport, can kicking. let's talk about this 'cause cisco systems, down about 3%, it's down today, 63 points today. today, cisco systems was downgraded at sbr capital. cut from underperform to market perform and lowered the price target $17 from $22. on the dow jones industrial average only two names are actually in the green today. wal-mart and boeing. everything else is red, stuart, and led by the number one loser cisco systems. stuart: thanks, nicole. maybe the dow is so much lower because i've got to say that the bailout situation in cyprus continues to unravel. european central bank has given the country about four days, get your act together or you don't get any kind of bailout money and it seems to be that vladimir putin and the russian mob, those guys against angela merkel and the germans, that seems to be setting up shop there. kristin joins us. do
of -- [ laughter ] charles: charlie is a little bit nervous about a pullback. connell: here we go. charles: cisco. not the cisco that most people think about. we have food outside. everywhere you go there is food. this company has been taking market share for years. they started in 1980. it is an absolute phenomenal company. on the earnings side, you know, the last two earnings, they missed the street. one of the stocks where they want to get into the market. connell: you want to have a conservative pick and you are nervous. charles: a little bit of a pullback. by subscribers earn about 25% cash right now. the bears want to pullback and the bulls want to pullback because you can buy a stock a little bit cheaper. no real big numbers come out for a little while. this is a name that i think people are wondering, you know, i get e-mails all the time. some of the stocks people don't want to do because they are old. this, i think, is perfect for anyone. dagen: they advertise that by the way. charles: they are starting to advertise. it is a big-time company that is actually growing. it is not as awful a
grow and be well capitalized. one to name is cisco systems. below ten when you net out cash and it's consistently growing and profitable and if you get better than expected earnings there and a little bit of a drift on economic growth over 2013 and 2014, you could do quite well. >> we'll leave it right there. chad, really appreciate your time. now, of course we're waiting on the papal vote. we may find out if the next pope has been elected. looking in the corner there, forget the market levels. we want to look at the sistine chapel at this point waiting to see if smoke is black or white. also straight ahead, senate democrats planning to answer paul ryan with their own budget today. we'll be right back. >>> welcome back to >>> welcome back to "worldwide exchange." i'm kelly evans. european stocks dropping with all eyes on italy as it looks to sell up to 7.25 euros in debt in the first long-term bond auction since a fitch downgrade. >>> a touch disappointing after sales growth slow in the fourth quarter and a battle of u.s. budget plans. senate democrats are set to unveil their answe
-based cisco systems is letting go 500 employees. they report the lays offs took place this week. cisco is confirming the layoffs, which are called a realignment. they employ 73,000 people worldwide. some sources say those most affected were involved with data center business development. >> facebook is ready for another big announcement, sending out this individual station to reporter at company headquarters next thursday april 4th. the invitation says "come see our new home on droid." the event is likely related to the recent push into droid systems. until a few months ago facebook focused mobile efforts around apple's inno one. >> pilgrims and tourists from around the world are descending on holy sites in jerusalem for easter week. ♪ jesus remember me >> they believe jesus was crucified on this good friday and resurrected on easter sunday. hundreds of christians packed crumb judgment's holy sepulchre in the hold city of jerusalem and attend another mass in bethlehem where jesus is believed born. in san francisco, easter will be celebrated at the highest peak for the 91st anniversar
. cisco. tomorrow starts here. cisco. your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >>> michael jackson's mother is suing concert promoter for wrongful death of her son during his final comeback tour, and at the heart of the suit is conrad murray. >> if they are liable, billions are at stake. i asked jane velez-mitchell, if it's about the money or holding somebody accountable for michael jackson's death. >> i think it's emotional and katherine lost a son, and these kids lost a dad and the world lost the king of pop, and i don't think it feels like real justice for them. they want more justice, so they are going to civil court where the currency for justice is money and they are seeking a lot of it. some say this could be, if it goes in their favor, billions for them. >> speaking of the courtroom, conrad murray never sat in that box where he would have to testify and never spoke under oath about the singer's de
another tech loser today. >> reporter: there are a lot of tech losers, i have to note. cisco systems here is down nearly 4% on an analyst downgrade. the tech-heavy nasdaq, the worst of the three indices. cisco systems is low or today. we see the shares tumbling. the new price target to an underperform from a market perform and now have a price target of $17 from $22, and the firm saying there's just reduced demand for switchers and routers and that, ultimately, will hurt the company going forward. back to you. lori: okay, nicole, thank you. forget the dow struggle today. coming up next, you'll hear the case for dow 16,000 in the next 6-12 months. how you should position your investments right now. melissa: plus, jeff flock on a secrecy assignment for us. what his location may be saying about an improving economy. i love a mystery. lori: dollar's down, the dollar against trading partners a little stronger. 1.2899. we're back after this. >> twenty minutes past the hour, i'm jamie colby. this is your fox news minute. iran's clerical leader warning iran will destroy the cities of tel aviv and
the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. cisco. great first gig! let's go! party! awwwww... arigato! we are outta here! party...... finding you the perfect place, every step of the way. hotels.com let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -- [ loud r&b on car radio ] i'm going on break! the more you bundle, the more you save. now, that's progressive. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> at 15 minutes past the hour, time to check the top stories. abortion rights activists are gearing up for a fight in north dakota. it outlaws a procedure once the fetal heartbeat can be detected. that's usually six weeks into pregnancy. another law bans abortions based sole on genetic defects. the heartbeat bill takes in effect august 1st. >>> t-mobile is shaking up the cell phone market. it's now offering bar
the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. i'll believe it when i--- [ both ] oooooh... [ female announcer ] as you get older, protein is an important part of staying active and strong. ensure high protein... fifty percent of your daily value of protein. low fat and five grams of sugars. [ major nutrition ] ensure! nutrition in charge! ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> american stealth bombers have are just finished practicing an attack on the korean peninsula. the b-2 bomber capable of carrying nuclear weapons 6500 miles from whiteman air force base outside of kansas city, missouri, all the way to south korea. pilots then dropped inactive, inert bombs and then turned around and came back home. this is all after north korea ramped up its threat. matthew chance is in seoul, south korea, did you see it? >> reporter: no, i didn't. because they're stealth bombers, they're not visible to anybody. >> as they dropped the inert bombs,
like cisco. and then you also like ibm. cisco is up about 9%. what are you seeing in that action? 1/5. >> of value play. $4 of cash per share. they're going to turn around $2 per share. treading a 21. the company's revenues are growing in a consistent manner. operating margins are improving and its well-capitalized. if you do did an uptick with an economic growth on a global basis cisco will actually benefit. cheryl: a you feeling the same thing from ibm? year-to-date it's about 10%. really not a big mover in 2012. the year-over-year minor -- number. >> value play. ibm trading at a below market multiple. has had a consistency on revenue for the last several years. operating margin expansion. the tax sector as a whole is quite undervalued. you can find growing profit for well-capitalized companies. cheryl: always good to see you. you know, we will play it as we go. we'll see you soon. thanks. ♪ cheryl: grover norquist of americans for tax reform says we don't need higher taxes in order to balance the budget. in fact, he argues that taxpayers are paying $2 trillion more than what th
investment idea right now, chad? >> i would overweight technology, look at ibm as well as cisco. >> stephanie? >> i like energy, i'm particularly impressed that energy continues to go up in the face of a very strong dollar and i think the fundamentals are very strong there. >> jeff? >> i agree with stephanie. i like the energy and i think the technology undervalued. >> stevie? >> strong dollar benefits all of your outsourcing. they get cheaper cost of labor. that's where you want to be, as long as the dollar is strong. >> you got one, rick? >> yeah, anything industrial and energy. we're having a renaissance in manufacturing thanks to energy. go with it. >> everybody says that. we'll see if we actually get policy to coincide. thanks, everybody. we'll see you soon. >> thanks, maria. >> appreciate that. the dow's ten-day winning streak in jeopardy today. let's get to bob pisani with what's behind today's pullback. >> and the dow is the price-weighted index and we have a lot of the high price names. ibm, when that moves, it weighs the dow. jpmorgan, a little bit of disappointment over the bank re
. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. . >>> coming up later on in the "cnn newsroom," valerie harper fwlaif the face of a terminal cancer diagnosis. hln's jane velez-mitchell on the jodi arias case and breaking down the ncaa march madness brackets. speaking of march madness, it's hitting washington in a different way. with no budget deal in sight, is a government shutdown less than two weeks away? ali velshi has answers. >>> after almost four years of not having a budget, new proposals. the bad news, neither will ever pass. welcome to "your money." i'm ali velshi. both sides of the aisle are digging their heels into the dirt, but the nonpartisan congressional budget office won't even look at them because they are so vague. here's senator patty murray on the democratic budget. >> the senate budget reflects the budget that the american people went to the polls and supported last november. >> both budgets have names. the senate democrats so-called foundation for growth budget is the first resolution that the senate democrats have put ut in about
stores, yahoo! and ebay all traded higher, but jds ju uniphase slipped, as well as cisco systems and juniper networks. fbr downgraded cisco and juniper to underperform. maria, back to you. >> josh, thank you. march madness is here. not college basketball. my next guest says the fed just demonstrated its own version of march madness. we will talk with jim grant of grant's interest rate observer next. he'll tell us why he says ben bernanke is responsible for slowing down the economy right now and what you can do to get around it. then dennis gartman is calling the situation in cyprus europe's lehman moment. coming up, he'll tell us how this will rock the global markets and where the cash will flow. that and a lot more coming up on "closing bell." (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like ever
, as it gets to work. cisco. tomorrow starts here. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> president obama making a push for immigration reform. this is at a ceremony for new american citizens. the president hosted a naturalization ceremony today for active duty service members and civilians. this was at the white house. the president has made immigration reform one of the top priorities of his second term. now, he says if the u.s. wants to keep attracting the best and brightest, the country needs to make sensible changes to fix its immigration system. and the president is expanding the country's parks and historic sites as well. so today he is designating areas in five states as new national monuments. so the sites include the first state national monument in delaware. a site commemorating harriet tubman and the underground railroad in maryland. the charles young buffalo soldiers national monument in ohio, the san juans islands national monument in washington state and the rio gran
, as it gets to work. cisco. tomorrow starts here. cisco. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. laughs about the case against him. hear for yourself ahead. >>> we're almost a week into el. expedia. find yours. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. spring. you would never know it based on the weather in a big portion of the country. march is obviously supposed to come in like a lion, go out like a lamb but cold, snow, wind and rain are making for a late march mess in more than a dozen states. >> reporte
're finding companies like cisco and intel and ibm and texas instruments, all tech companies, all relying on innovation are using flex time really well. people are connected 24/7 now by all sorts of devices. will she turn it around? i wouldn't be surprised if she does after she's got the company back on its feet. and i wouldn't be surprised if she gets the company back on its feet. she's very good. >> betty spence for the national association of female executives. thank you, guys, for being with us. >> thank you. >> you know, i wonder if we would care this much about this story marissa meyer were mitchell meyer. >> no, i think that's what make it more controversial. she is a new mother herself. obviously with many more resources than a lot of her employees. >> that's true. >>> let's talk girl scouts. they have a beef with our boo boo. yes, they have a beef with honey boo boo and it's all over cookies. what did she do that's got them so peeved? ♪ [ telephone rings ] hello. [ man ] jen, there are a lot of beauty brands that want you to represent them. really, who? no. they add too much fr
included cisco and ebay, they show women are underrepresented especially in rolls. some say -- roles, and women are graduating in fewer technical degrees. they show how difficult it is to gain information with tech companies because they refuse to give up their equality opportunity -- equal opportunity data. back out here live here in downtown san jose, as traffic picks up we plan on asking people what they think of this new study. in san jose, janine de la vega, ktvu channel 2 morning news. >> the official process will be held tomorrow. >> but yesterday, people gathered to hear what he had to say and he had some off the can you have remarks -- off the cuff remarks instead of reading from a prepared speech. vice-president vice-president joseph biden will be heading up the u.s. delegation for pope frances and nancy pelosi is working there along with bay area congresswoman anna. later they will meet with many in italy. and the political action conference, it's just about a half our from now and the political chairman intends to rebrand itself a peeling and trying to attract more minori
the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. watch this -- alakazam! ♪ [ male announcer ] staples has always made getting office supplies easy. ♪ another laptop? don't ask. disappear! abracadabra! alakazam! [ male announcer ] and now we're making it easier to get everything for your business. and for my greatest trick! enough! [ male announcer ] because whatever you need, we'll have it or find it, and get it to you fast. staples. that was easy. >>> welcome back >>> welcome back to "squawk box", everybody. jc penney bondholders defaulted caususe it pledged inventory as collateral without providing any security for their investments. but they have dropped their case meaning it is not in d
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